Thursday, August 30, 2012

President Obama At Iowa State University

by Michael Handley

President Obama kicked off his two-day college tour with a grassroots event at Iowa State University in Ames, Iowa ~ my Alma Mater. (Yes, I am an Iowa Aggie) The President discussed the choice for young voters in this election.

A choice between two fundamentally different visions of how to grow the economy. The progressive choice will ensure that our future workers can afford to get a college degree. Investing in quality, affordable education is a top priority for President Obama -- it's critical to building the skilled workforce needed to drive America's economy, restoring the foundation that will help the middle class succeed and keeping our country competitive for generations to come.

To help give college students and their families much-needed relief, President Obama established a college tax credit worth up to $10,000 over four years of college. He has also eliminated more than $60 billion in wasteful taxpayers subsidies to big banks acting as federal student loan middlemen and used those savings to double our investment in Pell Grant Scholarships. President Obama increased funding for Pell Grants by 95% helping nearly 10 million students in 2011. Romney would cut Pell Grant awards by $830.

No comments:

Post a Comment